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Mahfotha
Mahfotha is a 54 year old hardworking mother. She decided to work with her husband in making and selling a specific type of candy which is called “A. Anbar candy”; it is basically made of apples dipped in colored sweet dip.

Mahfotha makes the candy and her husband sells it on a motor bike around their neighborhood. They have applied for a loan in order to buy a small distributing bus.

Additional Information

About National Microfinance Bank

Jordan is a small country located in the heart of the Middle East’s Levant region. Regional instability has caused Jordan to be excluded from global investments for decades. Additionally, a lack of natural resources—including water and energy—places tremendous strain on the Jordanian economy, over 80% of which consists of small businesses, largely in the service industry. Despite their importance in the economy, many of these businesses are excluded from the banking sector because of their size. Microfinance institutions like National Microfinance Bank offer them an opportunity to enhance and expand their businesses. NMB also offers its services to other underprivileged peoples in Jordan, providing them with loans to pursue educational goals and improve their homes and livelihoods.

About Jordan

  • $3,740
    Average annual income
  • 60
    View loans »
    Jordan Loans Fundraising
  • $7,608,500
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mahfotha to buy a small distributing bus to sell candy.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Sep 26, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013